FOR IMMEDIATE RELEASE: Tuesday, June 3, 2025 CONTACT: Christina Johnson, christina@on3pr.com, 850.391.5040 Tallahassee, Fla. – Today, Florida TaxWatch released economic commentary: Florida Economic Forecast: 2024 – 2030 / Q1 2025. The […]
Florida TaxWatch’s Budget Watch report for March 2025 examines the state’s updated General Revenue forecast, which adds approximately $1.3 billion to the money available for the new state budget. After a long streak of collections exceeding estimates, January’s shortfall signals a shift amid mounting economic uncertainty.
This report examines Florida’s economic outlook for Q4 2024, highlighting trends in employment, GDP, and consumer spending. It offers targeted policy recommendations to drive sustainable growth and ensure long-term economic stability.
FOR IMMEDIATE RELEASE: Friday, March 21, 2025 CONTACT: Christina Johnson, christina@on3pr.com, 850.391.5040 Tallahassee, Fla. – Today, Florida TaxWatch released Florida Economic Forecast: 2024 – 2030 / Q4 2024, economic commentary on
Tallahassee, Fla. – Today, Florida TaxWatch released Florida Economic Forecast: 2024 – 2030 / Q3 2024, the third economic commentary in their quarterly series. The data upon
Florida’s Economic Forecast 2024–2030 offers a concise look at Florida’s future economic landscape. The report, built on REC Group data, outlines how the state is expected to continue growing—approaching a nearly $1.5 trillion economy—while highlighting shifts in population, net migration, and employment. It also examines changes in GDP, personal income, and the influence of tourism, comparing these trends to broader national economic indicators. Overall, the forecast serves as a valuable guide for understanding the opportunities and challenges Florida may face as it transitions into a more normalized, post-pandemic economic environment.
Florida’s Budget Watch report highlights a shift from surpluses to potential deficits starting in FY 2026-27. Despite strong revenue collections, rising costs in education and Medicaid could lead to a $6.9 billion deficit by FY 2027-28. The report emphasizes the need for legislative action now to prevent future financial challenges. Download the full report for more details.
Tallahassee, Fla. – Today, Florida TaxWatch released Florida Economic Forecast: 2023-2028 / Q2 2024, the second economic commentary in their new quarterly series. The data
Florida’s revenue forecast has been updated, adding $2 billion more to the state’s budget for the next two years. This is the ninth consecutive increase, driven by strong investment earnings, sales taxes, and corporate income taxes. Despite earlier predictions of slowed growth, revenues continue to exceed expectations, but there are potential risks on the horizon.
Tallahassee, Fla. – Today, Florida TaxWatch released Florida Economic Forecast (2023-2028). In this report – the first in a new quarterly series – the taxpayer
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